Topic: A good way to avoid scam ICO projects - page 2. (Read 1345 times)

Making investments through ICO campaigns is real way to earn good money. But it would be like this only if you will be aware enough about people who are making this project and who are responsible for its results. This is the most important thing I suppose.

Thank you for your reminder. I think that investment requires rational objects. Blind investment brings more risks, especially in a bear market. It is best not to invest in ICO projects.

A great way to avoid fraudulent projects is to have enough information and analysis about him, how truthful he is, check the group profile. You need a specialist who really helps to understand and, thus, avoid fraud.

These are very narrow recommendations to not fall for the fraudulent project, there have already been written more similar algorithms.

yes, not many bounty hunters have that skill, maybe by finding information about the project the results will not be optimal, it's good to find ways to avoid scam by talking experienced people, who have been in this forum for a long time (like your friends)

Thank you for sharing your experience, but I don't think many bounty hunters have the skills to analyze a project.

Most of the time it is so difficult to determined which ICO project would scam us but there are simple ways on how we can see it.
If thats too good to be true and they reached their hardcap for a shorter period of time . Also if they have no strong numbers of community who supports the project, that could be a sign also that the project wont work.

The products produced from the project and the team incorporated in it are very important for us to know as a basis for making choices in following certain projects. There may be many other ways that we can learn in determining a good ico project besides what I say, and I believe that in this forum everyone has their own way of determining a project that basically we all hope the project will succeed and not fraud

This is correct, before investing you need to carefully study the project, and then go into the details!

I think it will be very difficult to tell the difference, everyone can just put a photo of anyone on their team, so I don't think this will be easy, so basically you have to spend more time on ico so you can find out what's right and what is fake.

I usually looking for information about the project as much as possible, while try to confirm that the project is really legit. That way i could minimize on being hit by a scam project.

sometimes we also need clarification about the truth of the team that stands behind the project. because many projects now do not have the appropriate team profile, and most of them are the result of copying from the google page

What you are mention is correct, i mostly done those things before i join into a project, better it's the ICO or the bounty campaign.
Since both are depends on the quality of the project itself.

see the project in detail is a weakness of many people at this time. many of them are ignoring this and just look at the amount of the fee is great and also follow the flow of people entering inside. This is the wrong direction and culminates in a scam when they didn't want to deepen the good with crypto.

I agree with your options. Also I want to add that every quality project must have mvp. When project can introduce beta-version of their product, it's really cool! Also I like checking social networks of the team

The best way to avoid scam projects is to research each project before investing your hard owned money. It will cost you a lot of time, because it is not easy to detect them, but it will safe you a lot of money as well.

Thanks for dating this. I have gone through the links and find them interesting. I still would prefer investing after ICO ie after project listing in exchanges because scam projects are much now.

You have good points. I give kudos to investor that still go with ICO projects. I rather invest when the project is listed on exchanges than during ICO. That's my own way of avoiding scam ICO at least.

Excellent advice! It will be necessary to take all this into account, not to miss anything! Then my work will be more effective!

Previously, the ICO project was almost no longer in demand by most investors (if not mistaken, in Q3 2017), because investing in ICO was considered a method for building new whales. This thing finally proved to be true, especially when the new pope had a lot of funds deposited by investors, they began distributing coins/tokens that they had created to their investors. But at the same time ICO holders began selling Altcoin they had buy which they had previously used for their Project Basic Assets such as Ethereum, Eos, etc. When the sale occurs, of course the crypto price they exploit will suffer a fatal fall because the crypto volume they have's quite large.

However, ICO reappeared precisely in Q4 2017, at that time the crypto market suddenly received a lot of interest with quite diverse reasons. Simultaneously, ICO became popular among the public because of its rapid development, making most investors interested and began buying cryptocurrency such as Bitcoin, Ethereum, Eos to exchange it for different new tokens.

In Q2 of 2018, ICO was again shunned by crypto users, because most of them 90% were proven to carry out SCAM actions, at that time weren't a few investors whose funds were stolen by ICO holders.


By carrying out the right research, and the existence of legal certainty from the authorities that the ICO they run, has been declared feasible to be used as an investment vehicle, it's not surprising if all investments will come to the ICO they are managing.


IMO the population of a team that has quality and honest, needs to be leveled up and it's expected to develop as much as possible so that the startup this year and the following years will be better than those launched in 2017.